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North Korea Sanctions Violations Trigger Latvian Bank Fines

Latvian banking regulators fined three lenders over involvement in attempts to dodge international sanctions on North Korea. Baltikums Bank and Privatbank each agreed to pay 35,575 euros ($40,000), while Regionala Investiciju Banka agreed to pay 570,364 euros, the Financial and Capital Market Commission said Tuesday in a statement. The breaches, between 2009 and 2015, relate […]

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How North Korea Evades the Tightest Sanctions on Earth

 How North Korea pays for a nuclear program and lavish parties while under the tightest sanctions on earth; North Korea has managed to conduct costly nuclear and ballistic missile development projects while under some of the strictest, most widely-endorsed sanctions under the sun for decades. Now, Kim Jong-un stands within a few years of completing […]

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